JULY RETAIL SALES PLUNGES NEARLY 20 PCT YEAR-ON-YEAR DUE TO COVID-19
Total retail sales of goods and services shrank 8.3 per cent month-on-month in July to VNĐ339.4 trillion (US$14.84 billion) as a result of restrictions induced to stem the ongoing COVID-19 outbreak, according to the General Statistics Office (GSO).
U.S. TRADE AGENCY DROPS TARIFF THREAT AGAINST VIET NAM OVER CURRENCY PRACTICES
The Office of the United States Trade Representative (USTR) on July 23 issued a formal determination in the Viet Nam Currency Section 301 investigation reflecting the agreement reached earlier this week between the Department of the Treasury and the State Bank of Viet Nam (SBV).
VIET NAM TARGETS AVERAGE GROWTH RATE OF AT LEAST 6.5% IN NEXT FIVE YEARS
The National Assembly on Tuesday adopted a resolution on the socio-economic development plan for the 2021-2025 period, targeting an average growth rate of 6.5-7% over the period.
VIETNAM’S ECONOMY FORECAST TO GROW BY 4.5-5.1% IF VIRUS CONTAINED BY END OF SEPTEMBER
The Vietnamese economy will likely expand by 4.5-5.1% this year if the pandemic is contained at home by the end of September and vaccination is accelerated towards herd immunity in the second quarter of 2022.
VIETNAM E-COMMERCE REVENUE GROWS 18 PERCENT IN 2020
E-commerce revenue in Vietnam hit 11.8 billion USD in 2020, posting a growth rate of 18 percent.
NEWLY-REGISTERED FDI UP SLIGHTLY IN FIRST SEVEN MONTHS
Newly-registered foreign direct investment (FDI) capital increased slightly in the first seven months, while additionally-registered capital, capital contributions, and share purchases dropped.
INFOGRAPHIC: MEMBERS OF STANDING COMMITTEE OF 15TH-TENURE LEGISLATURE
Legislators cast votes to elect 13 members to the Standing Committee of the 15-tenure National Assembly (NA) in the legislative body's first working session on July 20-21.
VIET NAM TARGETS AVERAGE GROWTH RATE OF AT LEAST 6.5% IN NEXT FIVE YEARS
The National Assembly on Tuesday adopted a resolution on socio-economic development plan for the 2021-2025 period, targeting average growth rate of 6.5-7 percent over the period.
